U.S. moves to restore some Iran sanctions lifted under nuclear deal

The Trump administration on Monday moved to reimpose the first round of Iranian trade sanctions that had been suspended under a 2015 nuclear agreement, distancing itself from every other country that signed the deal and marking another decisive moment in the accord’s unraveling.

The renewed sanctions starkly highlighted the divisions between the United States and its allies. The Europeans that were parties to the agreement said they would protect their own companies from legal reprisals and work to maintain Iran’s access to the financial system and its continued export of oil and gas that forms a large share of its income. Continue reading.